Harvest Miracle Capital Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Harvest Miracle Capital Berhad has a total shareholder equity of MYR313.9M and total debt of MYR19.5M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are MYR349.1M and MYR35.2M respectively. Harvest Miracle Capital Berhad's EBIT is MYR27.4M making its interest coverage ratio 28.9. It has cash and short-term investments of MYR22.3M.
Key information
6.2%
Debt to equity ratio
RM 19.48m
Debt
| Interest coverage ratio | 28.9x |
| Cash | RM 22.27m |
| Equity | RM 313.91m |
| Total liabilities | RM 35.17m |
| Total assets | RM 349.07m |
Recent financial health updates
Recent updates
Harvest Miracle Capital Berhad (KLSE:HM) Not Doing Enough For Some Investors As Its Shares Slump 48%
Dec 18
We Like Harvest Miracle Capital Berhad's (KLSE:HM) Earnings For More Than Just Statutory Profit
Sep 05Harvest Miracle Capital Berhad's (KLSE:HM) 28% Share Price Surge Not Quite Adding Up
Feb 27Harvest Miracle Capital Berhad's (KLSE:HM) Business Is Yet to Catch Up With Its Share Price
Jun 17We Think That There Are Some Issues For Vortex Consolidated Berhad (KLSE:VC) Beyond Its Promising Earnings
Jun 03We Think Vortex Consolidated Berhad (KLSE:VC) Can Stay On Top Of Its Debt
Feb 10There's Been No Shortage Of Growth Recently For Vortex Consolidated Berhad's (KLSE:VC) Returns On Capital
Nov 30Vortex Consolidated Berhad (KLSE:VC) Might Have The Makings Of A Multi-Bagger
Aug 27Vortex Consolidated Berhad (KLSE:VC) Is Experiencing Growth In Returns On Capital
Apr 01Financial Position Analysis
Short Term Liabilities: HM's short term assets (MYR60.1M) exceed its short term liabilities (MYR11.6M).
Long Term Liabilities: HM's short term assets (MYR60.1M) exceed its long term liabilities (MYR23.6M).
Debt to Equity History and Analysis
Debt Level: HM has more cash than its total debt.
Reducing Debt: HM's debt to equity ratio has reduced from 50.7% to 6.2% over the past 5 years.
Debt Coverage: HM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HM's interest payments on its debt are well covered by EBIT (28.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 09:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Harvest Miracle Capital Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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